Summary by Moomoo AI
KLA Corporation reported Q4 FY2024 revenues of $2.57 billion, at the upper end of guidance, with GAAP EPS of $6.18 and non-GAAP EPS of $6.60. The quarter saw robust operating cash flow of $892.6 million and free cash flow of $831.9 million, with capital returns of $667.8 million through dividends and share repurchases.For the full fiscal year 2024, KLA achieved revenues of $9.81 billion and GAAP net income of $2.76 billion, translating to GAAP EPS of $20.28. The company demonstrated strong cash generation with operating cash flow of $3.31 billion and returned $2.51 billion to shareholders through its capital return program.Looking ahead to Q1 FY2025, KLA projects revenues of $2.75 billion ±$150 million and expects GAAP EPS of $6.69 ±$0.60. Management expressed optimism about strengthening market conditions at the leading edge, anticipating steady improvement through calendar year 2024 and into 2025.
